Thays. Completed in 1917, the Bosch Palace later became of interest to U.S. Ambassador Robert Woods Bliss during a reception there in his honor, and in 1929, was sold by the Bosches to the U.S. State Department for use as the Ambassador's residence for around US$3 million. The September 1930 coup against President Hipólito Yrigoyen resulted in Bosch's reappointment as Foreign Minister by General José Félix Uriburu. Bosch enjoyed cordial relations with the U.S. government, which supported the influential Standard Oil in its dispute with the deposed Yrigoyen over the latter's oil policy. Bosch resigned on October 9, 1931, to direct the panel that drafted Argentina's proposal at the World Disarmament Conference of 1932. Central Bank President The Roca-Runciman Treaty of 1933 and the resulting abandonment of the Caja de conversión governing monetary policy since 1890 led to the formation of the Central Bank of Argentina on May 28, 1935, upon which Bosch was named its first president; completing a seven-year term, he was reconfirmed in 1942. His upholding treaty obligations to deposit World War II era trade surpluses in the Bank of England ran counter to nationalist policies advanced by the powerful Vice President, Juan Perón, and Bosch was dismissed in 1945; his tenure, marked by a stable peso, would remain the longest in the Central Bank's history to date. Ernesto Bosch died in Buenos Aires on August 22, 1951; he was 88. References 1863 births 1951 deaths People from Buenos Aires Argentine people of German descent Argentine people of Spanish descent University of Buenos Aires alumni Argentine bankers 19th-century Argentine lawyers Argentine diplomats Foreign ministers of Argentina Presidents of the Central Bank of Argentina Ambassadors of Argentina to France Burials at La Recoleta Cemetery